Xeneta container rates alert: increase slows, but still no relief in sight for global shippers

crane loanding cargo container to container ship in the international terminal yard port concept freight shipping by ship at sunrise .

Long-term contracted ocean freight rates continued their ascent through June, although not with the dizzying trajectory witnessed in recent months. May’s 9% surge in prices eased back to a 2.3% gain in June. However, the latest figures, detailed in Xeneta’s Long-Term XSI® Public Indices, mean rates now stand a staggering 39.2% up year-on-year (having risen… Continue reading Xeneta container rates alert: increase slows, but still no relief in sight for global shippers